§ 34. Mr. SMEDLEY CROOKEasked the Minister of Health what are the accumulated funds in hand under the Widows', Orphans', and Old Age Pensions Acts, 1925 to 1929; the total income from the same source for the year ended 31st March, 1932; and the total expenditure during that year under the same heading?
Sir H. YOUNGThe accumulated funds in hand on the 31st March, 1932, amounted to £40,500,000. The total income for the year ended 31st March, 1932, including the Parliamentary Grant of £10,000,000 and interest on the accumulated funds, was £35,000,000, and the expenditure on pensions and administration was £39,700,000.